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Oct 8, 2012
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let's get some answers from steve woois, simon and stephanie. how about it, steve, how are you playing it? >> first of all, scott, i have to pay off a debt to dave. he kicked my butt on the golf course. he rallied big. i'll get him next week. as far as the market goes, though, here's what i would say. earnings for the third quarter everybody knows they are going to be terrible. my daughters know they will be terrible, my dogs know it's going to be terrible. that's discounted in the market which will drive the market from here is the fourth quarter guidance and guides for 2013 and those are still very robust numbers in the s&p if they don't the major companies report don't take a hatchet to those earnings forecasts. so i think they will be okay. spain is the big issue. they will come in and ask for a bailout which is why a lot of credit funds are working today because maybe it was today. >> you're nothing if not a name dropper, right? i'm glad you don't throw out the names of the high rollers that you roll with. >> you judge by the company you ke
let's get some answers from steve woois, simon and stephanie. how about it, steve, how are you playing it? >> first of all, scott, i have to pay off a debt to dave. he kicked my butt on the golf course. he rallied big. i'll get him next week. as far as the market goes, though, here's what i would say. earnings for the third quarter everybody knows they are going to be terrible. my daughters know they will be terrible, my dogs know it's going to be terrible. that's discounted in the market...
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Oct 10, 2012
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for more on this i'm joined by reuters mexico city bureau chief simon gardn. simon, how high up the hierarchy chain is heriberto lazcano >> right up at the top. he is the leader of the glet as. he has been locked in a bitter battle with the second, if you like, in command of the zetas. much of the bloodshed we've been seeing in mexico in recent months have been due to that feud >> suarez: since the president of mexico in effect declared war on the drug cartels have they ever caught as big a fish as this one? >> he's theiggst fishey've caught so far. i mean this is a coups for called reason. calderon's drug strategy which was to go after the heads of the different drug cartels was criticized by some for having created fragmentation and a deep deepening of violence. yet he is to a certain extent been vindicated today. he said so himself on television. this afternoon. so, you know, for calderon's strategy, which actually hurt his party in recent presidential electioand helped boost his opponent or the opponent of his party, he is now, you know, reaping the benefi
for more on this i'm joined by reuters mexico city bureau chief simon gardn. simon, how high up the hierarchy chain is heriberto lazcano >> right up at the top. he is the leader of the glet as. he has been locked in a bitter battle with the second, if you like, in command of the zetas. much of the bloodshed we've been seeing in mexico in recent months have been due to that feud >> suarez: since the president of mexico in effect declared war on the drug cartels have they ever caught...
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Oct 9, 2012
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michelle. >> hey there simon. the video tells the whole story, let's show people exactly what happened today. angela merkel arrived, 50,000 protesters in the street, let lead to rioting, video that we have become, unfortunately, all too familiar with moltov cocktails, tear gas being thrown, to highlight the intercontinental tensions, look at your screen. some protesters actually showed up in nazi uniforms with the swastika flags to protest the german chancellor's visit, angry because of austerity measures, angry at germany because germany provides the vast majority of the bailout money they get but comes with conditions that require very, very tough situations for the greek people. angela merkel stood side by side with the greek prime minister today saying that she understands that the greek people are suffering. she is trying to tell them that the reforms will be worth it but she also says there will be no more money. sue, there's going to have to be some more money, the greeks are running short. the program is r
michelle. >> hey there simon. the video tells the whole story, let's show people exactly what happened today. angela merkel arrived, 50,000 protesters in the street, let lead to rioting, video that we have become, unfortunately, all too familiar with moltov cocktails, tear gas being thrown, to highlight the intercontinental tensions, look at your screen. some protesters actually showed up in nazi uniforms with the swastika flags to protest the german chancellor's visit, angry because of...
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Oct 22, 2012
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simon, you're not married to tammy fay baker, what do you think? >> well, it's tough to recover to that one. earnings have been so disappointing as we've talked about through the show. i think for us, the most concerning thing is the reports. particularly in ibm -- >> the linearity? >> did you like that? >> yeah. >> it's like good english grammar school education. what can i tell you? particularly in technology. what i'm saying is the concern is, yes, the expectations are disappointing, but in terms of september sales being a lot softer than july, it's where the momentum is going. that's something to be a little bit concerned about. zbl zbl >> stephanie, how do you feel about the linearity. >> well, i won't go there, but only 25% of the company so far have reported. let's put this into a little bit of context here. and expectations certainly have come down pretty low. i would just say that there are pockets of strength, financials, and margins. even ibm, even schlumberger, even ge had actually okay margins. so i think that might be good enough to s
simon, you're not married to tammy fay baker, what do you think? >> well, it's tough to recover to that one. earnings have been so disappointing as we've talked about through the show. i think for us, the most concerning thing is the reports. particularly in ibm -- >> the linearity? >> did you like that? >> yeah. >> it's like good english grammar school education. what can i tell you? particularly in technology. what i'm saying is the concern is, yes, the...
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Oct 12, 2012
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. >> thank you very much for joining us, simon. we will have more in the next half-hour. >> turkey has deployed fighter jets to its syrian border. >> both sides are sticking to their story about the syrian air jets. >> they have seen days of heavy fighting. the syrian army is trying to recapture rebels. at one point, a syrian helicopter veered into turkish airspace but was immediately pushed back. it is yet another incident to raise tensions between the two countries. anchor is still simmering over stopping a syrian airliner. they claim it was carrying russian weapons for the syrian army. what's the cargo consisted of electrical equipment for a radar station. it is not prohibited under any condition. >> there deploying additional tanks and fighter jets as they look at a possible intervention in syria. it is definitely in full swing. over the last few days, hundreds of people have gone to the border to turkey. tensions are not likely to ease anytime soon. >> a clash erupted in cairo's tahrir square over the support and opposition of
. >> thank you very much for joining us, simon. we will have more in the next half-hour. >> turkey has deployed fighter jets to its syrian border. >> both sides are sticking to their story about the syrian air jets. >> they have seen days of heavy fighting. the syrian army is trying to recapture rebels. at one point, a syrian helicopter veered into turkish airspace but was immediately pushed back. it is yet another incident to raise tensions between the two countries....
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Oct 2, 2012
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. >> -- i'm david simon's best friend, i'm going to deliver a transaction very attractive to simon. the way the board analyzed the transaction, they looked at as as if we're selling the company. in a transaction they own something like 30% of the combined company. we're not cashing people out. we're not looking to are a short term pop. we're merging and more levered company with less levered company with a strong management team. >> if you are going after p&g the whole company you might want to -- >> team up with -- >> you got 1% or something? i mean -- >> we're not going after p&g. >> while he's here, he should ask. >> you're trying to get rid of the ceo. >> p&g is one of the great companies of all-time, been in growth for 75 years it's stumbled over the last several years under the current ceo's leadership, and we've kind of laid out what our concerns are and i think our concerns are not our concerns. they're the concerns of all the shareholders. >> do you think your concerns are being heeded? >> absolutely. we were received at a very seriously by the board, we had a great meeting
. >> -- i'm david simon's best friend, i'm going to deliver a transaction very attractive to simon. the way the board analyzed the transaction, they looked at as as if we're selling the company. in a transaction they own something like 30% of the combined company. we're not cashing people out. we're not looking to are a short term pop. we're merging and more levered company with less levered company with a strong management team. >> if you are going after p&g the whole company...
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Oct 9, 2012
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simon? >> the finance by the german taxpayers, we should make that clear, carolyn, we are seeing the pictures there as police continue to move protesters back. can you give us an idea how far away angela merkel is from where you are at the moment and the types of red lines of security forces and the no-go areas in order to keep merkel and samara safe. >> reporter: well, merkel and some of us are a half month away from here. it is walking distance but they are in safety here. and i do want to point out that the police, yes, they have put in this red zone, this no-go zone, but again the two major unions, the public and private sector unions already had rallies approved before this red zone was actually implemented. so they were able to come into the square, into this red zone and protest. and it will probably follow other protesters. so it is very hard to control who is actually being let into this red zone. simon? >> carolyn, thank you very much. stay safe. carolyn roth there live from athens
simon? >> the finance by the german taxpayers, we should make that clear, carolyn, we are seeing the pictures there as police continue to move protesters back. can you give us an idea how far away angela merkel is from where you are at the moment and the types of red lines of security forces and the no-go areas in order to keep merkel and samara safe. >> reporter: well, merkel and some of us are a half month away from here. it is walking distance but they are in safety here. and i...
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simon, there was suggestion the deal collapsed because of german objections. what was it the germans were not happy about? >> it seems that germany, like france, was unwilling to give up state influence over this important defense company, which is what bae systems wanted them to do in order to secure more access to that all-important american defense market. i think germany was also worried it might be left out of important developments in military technology. the german authorities think that germany's interests are best served if this franco- german company retains control of the whole chain from research through to production. there's also a report that germans had suggested moving the headquarters of the merged company to munich, which would have annoyed the other two companies. >> was that all that was blocking the deal from going ahead? >> in the and, you have to see this was a hugely difficult deal that involves getting agreement from two companies, three governments, and that is incredibly difficult to do. the euro crisis has not helped, and in the en
simon, there was suggestion the deal collapsed because of german objections. what was it the germans were not happy about? >> it seems that germany, like france, was unwilling to give up state influence over this important defense company, which is what bae systems wanted them to do in order to secure more access to that all-important american defense market. i think germany was also worried it might be left out of important developments in military technology. the german authorities...
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Oct 31, 2012
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[laughter] and i think he sides more with simon. [laughter] actually, i do too in a number of ways that probably will surprise him and dennis and others. and the first thing on which i agree with you, simon, is that i also do not know what the next systemic crisis will be, and i am as frightened as you of it. so when i think about what the next systemic crisis might be, i think the best place to start is to think about what's caused the last ones. and i'm not going to fight over whether we've had panics in 1907 or 1933. we heard that from the first panel. i'll just go back over the last 20 years for the systemic crises, um, we've had most recently. the first one in 1994, scheherazade, you mentioned mexico. and that was a solvency crisis because we feared that a country would go bust, ie its credit was no good, and that would ripple with dangerous effect through the banking system. that got handled aside from now how, and we puttered on until 1998 when russia and indonesia posed solvency risk in the financial system, and we managed t
[laughter] and i think he sides more with simon. [laughter] actually, i do too in a number of ways that probably will surprise him and dennis and others. and the first thing on which i agree with you, simon, is that i also do not know what the next systemic crisis will be, and i am as frightened as you of it. so when i think about what the next systemic crisis might be, i think the best place to start is to think about what's caused the last ones. and i'm not going to fight over whether we've...
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Oct 26, 2012
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simon, see you in 30. we'll talk a little bit of europe, as well. >>> if you're just joining us -- we'll do the tape in a second. when you take a closer look... ...at the best schools in the world... ...you see they all have something very interesting in common. they have teachers... ...with a deeper knowledge of their subjects. as a result, their students achieve at a higher level. let's develop more stars in education. let's invest in our teachers... ...so they can inspire our students. let's solve this. >>> welcome to hour three of "squawk on the street." here's what's happening so far. >> we need to put in place a framework so that markets look and see that after the economy recovers, whenever that comes, it will take time. after the economy is fully recovered, that the nation's finances are sustainable. >> we need to have both sides kind of go -- one hand, $250,000 in income, on the other hand, effectively infinity, they need come together in some way or we're not going to have a deal. >> our first lo
simon, see you in 30. we'll talk a little bit of europe, as well. >>> if you're just joining us -- we'll do the tape in a second. when you take a closer look... ...at the best schools in the world... ...you see they all have something very interesting in common. they have teachers... ...with a deeper knowledge of their subjects. as a result, their students achieve at a higher level. let's develop more stars in education. let's invest in our teachers... ...so they can inspire our...
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Oct 19, 2012
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. ♪ may the coming days ♪ going to take me away >> reporter: from hearing paul simon singing "me and julio down in the schoolyard." >> reporter: with that line about being on the cover of "newsweek," that point was that was the place to be. only 52 times a year it really meant something. john donvan, abc news, washington. >> like they said, they're not going anywhere, but it's kind of sachltd it's an iconic magazine. >> they really are. i collect actually magazines. i have several iconic "newsweek's" over the years, over the years. >> good for you, paula. >> founded in 1933, as "newsweek." sold for 10 cents. it is, quote, indispensable complement to newspaper reading because it explains, expands, and clarifies. >> and it doesn't get your fingers dirty. >> wow. there you go. $40 million in annual losses which is why, i guess they're going online. >>> when we come back, hey, wow, look at that. >> that would have been enough -- >> like my workout regime. >> compensate for all the money lost. i like that. >> pretty good, huh? is that really you? >> absolutely. tattoo and everything. >> w
. ♪ may the coming days ♪ going to take me away >> reporter: from hearing paul simon singing "me and julio down in the schoolyard." >> reporter: with that line about being on the cover of "newsweek," that point was that was the place to be. only 52 times a year it really meant something. john donvan, abc news, washington. >> like they said, they're not going anywhere, but it's kind of sachltd it's an iconic magazine. >> they really are. i collect...
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people go around it. >> simon company talked about monetary fiscal policy. their new book deals with that. you want to give this a short observation? was some interest in the united states on fiscal monetary policy? >> first of all, i would encourage everyone to read the work again on this issue. they have so won the papers if you don't have time, there's a great editorial opinion piece in "the wall street journal" in september 2009 called the blog that ate mandatory policy. they talk about how today to fill financial institution undercapitalized taking a risk, having big losses and operating and zombie formic monetary policy much more effective when you go into crisis. so while the mechanisms to work. it's a question of what will happen when undercover, assuming we do will recover. how that affect the ability of policy to control the economy and the ability or the impact of various changes in fiscal policy. on our fiscal cliff issues come i would say more like the distraction from the fiscal chaos will see after the election around these issues. what i woul
people go around it. >> simon company talked about monetary fiscal policy. their new book deals with that. you want to give this a short observation? was some interest in the united states on fiscal monetary policy? >> first of all, i would encourage everyone to read the work again on this issue. they have so won the papers if you don't have time, there's a great editorial opinion piece in "the wall street journal" in september 2009 called the blog that ate mandatory...
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Oct 10, 2012
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only 24 will travel to brittany, simon, demi, and l.a.'s home. joined by celebrity mentors to help decide their fate. >> that's exactly the group that i wanted. >> it's going to be tough. >> this is when you get to separate from the other three judges. you're one on one. much more control of the situation. you are choosing the material. >> the challenges, it's going to be hard having to be in a situation to tell them no and make them go home. >> fact that i'm in the position now where i can help somebody and take somebody under my wings is just an incredible feeling. >> you have some good news for me. >> audience will find which teams the judges will be coaching. word is, l.a. reid is not happy with his while brittany on the other hand, seems to be feeling very confident. >> oh yes, they are winners in my category. >> for the mentors who include mark anthony, justin bieber, will iam and nick jonas. this is a time to do what they do best. >> there's something sexy about her. >> part of the challenge with the role that i have taken on in this part
only 24 will travel to brittany, simon, demi, and l.a.'s home. joined by celebrity mentors to help decide their fate. >> that's exactly the group that i wanted. >> it's going to be tough. >> this is when you get to separate from the other three judges. you're one on one. much more control of the situation. you are choosing the material. >> the challenges, it's going to be hard having to be in a situation to tell them no and make them go home. >> fact that i'm in...
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the show's creator simon cowell was thrilled to hear the news. he revamped the show after the first season bringing in new judges and a new host. the shows will go live starting next thursday. you knew he'd be happy with that big paycheck right? >> oh absolutely. >>> let's heads over to brian bolter now for a look at what's next on the news at 6:00. brian? >> new on the news as we are monitoring metro how the rail system is responding to an outcry after those controversial ads. then strong words issued by opponents of same sex marriage in maryland. as their stance on the issue gone too far? plus, he took a gamble with a high stakes heist. and it looks like this suspect might have gotten away with it. those stories and more on the news at 6:00, hang tight. man: to some people, social security is just a number. but to me, it's money that i earned. i count on social security. and i don't want washington politicians like george allen... privatizing it. if george allen wants to risk his own money on wall street... that's fine. but i don't want him ris
the show's creator simon cowell was thrilled to hear the news. he revamped the show after the first season bringing in new judges and a new host. the shows will go live starting next thursday. you knew he'd be happy with that big paycheck right? >> oh absolutely. >>> let's heads over to brian bolter now for a look at what's next on the news at 6:00. brian? >> new on the news as we are monitoring metro how the rail system is responding to an outcry after those controversial...
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>> carl, i think you guys are going to be discussing it with simon. this was a triquarter for paypal. that's what matters. much better growth than american express, which was open. >> was key corp. the best earnings so far? >> i think key corp. actually tops citigroup as far as being the best. this was really good data interest margin. the only other one that had it is citi. >> ibc downgrading potash. >> potash needs to lower its costs. the way to do that is use american natural gas. more on that tonight. >> mellanox, you say is blowing up. >> this is an israeli based company. they did tepid guidance. not enough. >> and lowering the value on facebook. >> i can't emphasize enough. there's a big lock-up. be careful, facebook. >> you've got a lot tonight, and it's not just chesapeake. what else? >> soup to nuts on the way power gets to your house. chesapeake for the natural gas. and then spectra energy uses timken steel to be able to get the natural gas to american electric power, which then provides the most power in electricity in the country although
>> carl, i think you guys are going to be discussing it with simon. this was a triquarter for paypal. that's what matters. much better growth than american express, which was open. >> was key corp. the best earnings so far? >> i think key corp. actually tops citigroup as far as being the best. this was really good data interest margin. the only other one that had it is citi. >> ibc downgrading potash. >> potash needs to lower its costs. the way to do that is use...
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. >> simon raises a great point, us media types on the east coast. we might have access to u all of these devices. are you -- do you want to buy an ipad mini, over an ipad touch or over an ipad itself. it seems like you have a number of choices in the apple product line. but you're probably only going choose one in that first go and the ipad mini is a perfectly fine option but it's certainly not the price you're going to get for an ipad itself. >> with this comment that everybody's a winner, if all else fails, you could become a schoolteacher. >> everybody gets a gold medal these days, everything gets a trophy these days. >> there is such a thing called seg lar growth. nooks and i patds are all -- it's a good moment in america. >> always good to get your view zblft thanks, guys, i appreciate it. >> quite the earnings seasons this quarter, and our own herb greenberg is looking at the excuses people are using. >> we have one at least the winner of what i think is basically the kitchen sink award. in fact they have won this hands downing, it's martin za
. >> simon raises a great point, us media types on the east coast. we might have access to u all of these devices. are you -- do you want to buy an ipad mini, over an ipad touch or over an ipad itself. it seems like you have a number of choices in the apple product line. but you're probably only going choose one in that first go and the ipad mini is a perfectly fine option but it's certainly not the price you're going to get for an ipad itself. >> with this comment that everybody's...
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Oct 24, 2012
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>> that's right, simon. >> it's astounding. facebook announced it managed to sell now $153 million of mobile advertisements and the stock increases in value by 8.8 billion as a result by my calculations. why is the conversation changing? >> you have to put that in perspective. a few weeks ago people were expecting mobile advertising revenue to be no more than 50 million or $60 million and the big concern was this mobile transition is going to be very hard for facebook. they have shown from march is they created what is a billion dollar run rate in advertising. wouldn't be surprised if they were closer to 2 billion in the next 18 months. you have a powerful network platform that can monetize the huge population on facebook as they proved last night. >> is the case proven? there are those that would say this is so new. the fact that people are for the moment clicking on these mobile ads doesn't mean to say when they learn that that's a commercial operation that they will click on them in six month's time. we still are groping aro
>> that's right, simon. >> it's astounding. facebook announced it managed to sell now $153 million of mobile advertisements and the stock increases in value by 8.8 billion as a result by my calculations. why is the conversation changing? >> you have to put that in perspective. a few weeks ago people were expecting mobile advertising revenue to be no more than 50 million or $60 million and the big concern was this mobile transition is going to be very hard for facebook. they...
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Oct 23, 2012
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as simon says, we have a product introduction. if that doesn't go as well as everyone hopes, it could compound things worse. >> it will be fine, i have faith. we'll cradle it in our arms like a small child. innovation is alive. >> hope is not a strategy. you can keep it with you but don't depend on it. >> art, thanks so much. art cashin. >> there's chatter this morning over "the new york times" article that fed chairman ben bernanke won't stay on. steve liesman is here to give us his take. >> "the new york times" article by andrew ross sorkin underscoring what's baked into the market. bernanke in his his last term as chairman having been appointed by president bush for the first and president obama for the second. the discussion is who will replace the chairman and how much faith can people have on what he says if the fed chairman will leave in early 2014? it makes appointments for now providing continuity to the fed but powell's term erxpires january '13. and duke is another one whose term may be up. if bernanke chooses to stay o
as simon says, we have a product introduction. if that doesn't go as well as everyone hopes, it could compound things worse. >> it will be fine, i have faith. we'll cradle it in our arms like a small child. innovation is alive. >> hope is not a strategy. you can keep it with you but don't depend on it. >> art, thanks so much. art cashin. >> there's chatter this morning over "the new york times" article that fed chairman ben bernanke won't stay on. steve liesman...
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Oct 23, 2012
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. >>> that is right, simon, what an hour we have in store for you. we begin this hour at the realtime exchange and the dow heat map, which vividly tells the story of a stock market down more than 200 points on the dow. one of the very few dow stocks that has been positive for much of the morning, intel and microsoft. microsoft, interesting, because right now, in san jose, california, one of microsoft's biggest rivals, apple computer, is set to unveil what many believe will be the new must-have damageet, so the called miniipad. now this is, if you can make it out, a live picture, we haven't had this before, of the theater where the product is going to be unveiled. our jon fortt is inside the event. brian sullivan is outside. he will give us live updates as the details are unveiled. >> a lot of tension down here, you can't afford to go anywhere this hour, with the dow and s & p at the lowest level necessary seven weeks, statistics for you. the markets dropped, the dow had the biggest point drop in the 1 p.m. hour. fry davis the same story, the dow had
. >>> that is right, simon, what an hour we have in store for you. we begin this hour at the realtime exchange and the dow heat map, which vividly tells the story of a stock market down more than 200 points on the dow. one of the very few dow stocks that has been positive for much of the morning, intel and microsoft. microsoft, interesting, because right now, in san jose, california, one of microsoft's biggest rivals, apple computer, is set to unveil what many believe will be the new...
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offcontestanns have the top tier oo contestants have one judgg.daaid is with la by - reid.the thee judges simon cowelll.. demi ovato and britney speaas...all have their own talent pool.thissis all aaout the singers.. but this is all about the singers.. but the judges are in the competitive spirit as well reid says: "i ssad that if my teaa wins you got to buy e (reid) oh god,, eah i remmeber (reidd youudid say ttat (reed) i forgot. can i tell you why i forrot because theee's not a chance you're goiig to wii (laughs)(demi) h really? oh really (reid) heee's not a chancc (llughing and clapping) (demi) no i think you are &pthat becauue you ave the overs and i have (reid) you have cece can she win? nnt a chance (demi) i don't know chance. chat americaline is.. it's down to - you can see the live shows on the x factor tonight ann tomorrow coming up on good day baltimorr... a hotbed of paranormal accivity... righh here in aryland. maryland.the scaryycity... that's been named oneeof thee 10 spookiest in the countty. you're watching fox 45 morning nees.. all llcal.. all morning. &p((breek 8))
offcontestanns have the top tier oo contestants have one judgg.daaid is with la by - reid.the thee judges simon cowelll.. demi ovato and britney speaas...all have their own talent pool.thissis all aaout the singers.. but this is all about the singers.. but the judges are in the competitive spirit as well reid says: "i ssad that if my teaa wins you got to buy e (reid) oh god,, eah i remmeber (reidd youudid say ttat (reed) i forgot. can i tell you why i forrot because theee's not a chance...
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thank you very much, simon. to want get to mary thompson in the breaking news desk regarding american express. >> that's right, carl. the consumer financial protection bureau ordering three american express subsidiaries to re tunfund $85 million to 250,0 card members, the reason being the regulators saying that american express violated consumer laws at every stage of the marketing process. in addition, the company will pay $27.5 million to a number of federal agencies including the fdic and the occ. >> after discover and now this. the protection board has been busy. thank you very much. time for a capital markets op-ed. gary, you have been critical about the fed and qe, yes? >> have i been critical? >> i think that's fair to say. >> i think i have been realistic. before we get to that i want to say reading the press release out of delta air lines, delta names a new member of the board of directors, george matson, formerly head of industrials at global sacs. congratulations. great addition for the board. talking
thank you very much, simon. to want get to mary thompson in the breaking news desk regarding american express. >> that's right, carl. the consumer financial protection bureau ordering three american express subsidiaries to re tunfund $85 million to 250,0 card members, the reason being the regulators saying that american express violated consumer laws at every stage of the marketing process. in addition, the company will pay $27.5 million to a number of federal agencies including the fdic...
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Oct 8, 2012
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tom says how about simon cowell because he seems to be running everything else. what do you think? let us know. meanwhile, talking about the chancellor, george osbourne expected to announce further austerity measures at the conservative party conference today. beccy meehan has been at that conference and she caught up with george osbourne and asked him if more austerity would impress the financial markets. >> what they'll see is a country attacking its problems head on. we're one of those western countries getting on top of debt problems. we have an incredible plan to reduce their budget deficit delivering very low interest rates for you us in the markets at the moment. and so that is the proof that there are international parliaments in the plan, but what i'm saying is we have to stick with the plan and setting out new ideas for example in our welfare system to make sure this country continues to live within its means and at the same time has a tax system that attracts international businesses to britain p. and one of the encouraging stories is 20 of the largest companies are movi
tom says how about simon cowell because he seems to be running everything else. what do you think? let us know. meanwhile, talking about the chancellor, george osbourne expected to announce further austerity measures at the conservative party conference today. beccy meehan has been at that conference and she caught up with george osbourne and asked him if more austerity would impress the financial markets. >> what they'll see is a country attacking its problems head on. we're one of those...
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Oct 17, 2012
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simon, all in all, a good quarter for bofa. no bank ceo has come out guns blazing and said this is going to be a great near term environment for banks. we'll have to see. no great news, but at least no bad news. >> still have morgan stanley tomorrow. we'll see what they say. >> exactly. >> let's focus on technology. clearly, we have a few major issues weighing on the dow. as far as ibm is concerned, down almost 4% there. we're joined now from stern ag. he has a buy rating and a $230 price target. welcome to the program again. >> yeah. thanks for having me on. >> nice to see you. let's focus, if we may, on what is being said here, particularly with ibm about the broader outlook for technology. you listened to what the ceo said on the conference call and he's talking about a sharp drop in business in the united states. on a macro level, how worried should we be? >> yeah. so definitely, the macro is weighing on technology. but at the same time, ibm has, we think, two issues that were more company specific and not as macro. for exa
simon, all in all, a good quarter for bofa. no bank ceo has come out guns blazing and said this is going to be a great near term environment for banks. we'll have to see. no great news, but at least no bad news. >> still have morgan stanley tomorrow. we'll see what they say. >> exactly. >> let's focus on technology. clearly, we have a few major issues weighing on the dow. as far as ibm is concerned, down almost 4% there. we're joined now from stern ag. he has a buy rating and...
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Oct 29, 2012
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. >> simon, they are parked all over the world. they have delta planes parked over in europe right now that would normally be flying back here. a lot of the planes that were usually in new york, they are in hubs in minneapolis, detroit, any place where they can find space, that's where they are putting planes right now. >> thank you very much. still ahead on the program, clearly thousands of flights are being canceled. last-minute hotel rooms being booked. a live and exclusive interview with the largest online travel agency for america, expedia's ceo will join us next. i'm a conservative investor. i invest in what i know. i turned 65 last week. i'm getting married. planning a life. there are risks, sure. but, there's no reward without it. i want to be prepared for the long haul. i see a world bursting with opportunities. india, china, brazil, ishares, small-caps, large-caps, ishares. industrials. low cost. every dollar counts. ishares. income. dividends. bonds. i like bonds. ishares. commodities. diversification. choices. my own id
. >> simon, they are parked all over the world. they have delta planes parked over in europe right now that would normally be flying back here. a lot of the planes that were usually in new york, they are in hubs in minneapolis, detroit, any place where they can find space, that's where they are putting planes right now. >> thank you very much. still ahead on the program, clearly thousands of flights are being canceled. last-minute hotel rooms being booked. a live and exclusive...
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Oct 15, 2012
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harper collins, simon and shuster and hischett. good luck figuring out if you bought some of their books. >>> stick around, "squawk" will be right back up your game. up the ante. and if you stumble, you get back up. up isn't easy, and we ought to know. we're in the business of up. everyday delta flies a quarter of million people while investing billions improving everything from booking to baggage claim. we're raising the bar on flying and tomorrow we will up it yet again. he loves risk. but whether he's climbing everest, scuba diving the great barrier reef with sharks, or jumping into the market, he goes with people he trusts, which is why he trades with a company that doesn't nickel and dime him with hidden fees. so he can worry about other things, like what the market is doing and being ready, no matter what happens, which isn't rocket science. it's just common sense, from td ameritrade. >>> welcome back to "squawk box." we are a few seconds away from retail sales data. i believe 0.8% is what economists are looking for. rick san
harper collins, simon and shuster and hischett. good luck figuring out if you bought some of their books. >>> stick around, "squawk" will be right back up your game. up the ante. and if you stumble, you get back up. up isn't easy, and we ought to know. we're in the business of up. everyday delta flies a quarter of million people while investing billions improving everything from booking to baggage claim. we're raising the bar on flying and tomorrow we will up it yet again. he...